WASHINGTON, June 2 -- Sen. Chuck Grassley issued the following news release:
Senate Finance Committee members Chuck Grassley (R-Iowa) and Steve Daines (R-Mont.) are urging Treasury Secretary Scott Bessent to faithfully enforce an Internal Revenue Service (IRS) settlement (https://www.irs.gov/newsroom/irs-announces-terms-of-a-time-limited-settlement-opportunity-for-eligible-taxpayers-involved-in-conservation-easement-disputes) that holds tax cheats accountable and preserves the integrity of the conservation-easement deduction.
"The terms of the settlement offer properly balance holding participants in abusive tax shelters accountable with the need to resolve hundreds of cases in a timely and cost-efficient manner. Your dedication to preser...